RS Group plc Plans Dividend of GBX 8.50 (LON:RS1)

RS Group plc (LON:RS1) declared a dividend on Thursday, November 7th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 21st will be paid a dividend of GBX 8.50 ($0.11) per share on Friday, January 3rd. This represents a dividend yield of 1.25%. The ex-dividend date is Thursday, November 21st. The official announcement can be accessed at this link.

RS Group Trading Down 2.4 %

Shares of LON:RS1 opened at GBX 753 ($9.80) on Friday. The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt-to-equity ratio of 47.24. RS Group has a 12-month low of GBX 680.50 ($8.86) and a 12-month high of GBX 852.60 ($11.10). The business has a 50 day moving average of GBX 761.97 and a two-hundred day moving average of GBX 757.75. The company has a market capitalization of £3.57 billion, a PE ratio of 1,926.92, a PEG ratio of 1.85 and a beta of 0.86.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on RS1. Citigroup raised shares of RS Group to a “buy” rating in a report on Thursday, September 5th. Shore Capital upgraded RS Group to a “buy” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. upped their price target on RS Group from GBX 780 ($10.15) to GBX 785 ($10.22) and gave the stock a “neutral” rating in a report on Friday, July 12th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, RS Group presently has an average rating of “Moderate Buy” and a consensus target price of GBX 841.67 ($10.96).

About RS Group

RS Group plc, together with its subsidiaries, distributes various electronics and industrial products and solutions in the United Kingdom, the United States, France, Germany, Italy, Mexico, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.